HARP Program New & Updates
HARP Is Also For Your Vacation Home Or Investment Property
Use HARP to Refinance Your Second Home or Multiple Investment Properties
While homeowners across America are finally enjoying the benefits of a HARP refinance for their home, what many don’t realize is that HARP can be the answer to an underwater second home or investment property.
This means you can refinance your vacation home even if you are ‘upside down’ on your mortgage. Homeowners are not only taking advantage of the HARP loan program with their primary home, but many are refinancing multiple properties. This flexibility has enabled many vacation home owners and investment property owners to save hundreds of dollars per month and thousands over the life of their loans.
The same short list of requirements will apply;
- Your loan must be owned by Fannie Mae or Freddie Mac.
- You must have a year of on time payments.
- Your current mortgage must have been obtained prior to May of 2009.
Many lenders have yet to expand into the second home and investment property markets with their HARP offerings. As a result it’s not well known that HARP does allow for this and that some lenders ARE PARTICIPATING in these markets.
We have confirmed that the lenders in our network are all offering HARP on both investment properties and second homes. If you are interested in finding out what a HARP refinance can do for you, use the form to the right and take the first step today.
